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Supiter
supiter@primal.net
npub1j72t...g2mj
Ride the Lightning | Node runner on Debian
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supiter 9 months ago
Bought #bitcoin at $92k today as I was laddered down for the past month, without any volatility. Not all targets are hit yet. I am fishing for a $82.5k bottom. If we get that low, I am not expecting to stay there too long. Even $85k would be a win! A #btc buying opportunity cometh.
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supiter 10 months ago
If #bitcoin keeps climbing at 100% YOY with a steady pace, it might not correct for years. And when it does, it might be less than 50%. Basically the less of a boring staircase upwards, the (s)lower the elevator down. #btc
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supiter 0 years ago
The bigger the #bitcoin market cap is, the more utility it serves. Increasing only one order of magnitude makes it prime for international trade. Increasing two orders of magnitude subsumes all of the trade in the world. And you know it’s coming. It’s a magnet and you can’t change it. How doesn’t everyone see this clearly is beyond me. 10x is a given to catch up with gold. 100x is a real possibility. It’s just a matter of time. Get some #btc.
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supiter 1 year ago
@Danny Knowles produced a banger with @Jeff Booth. Give it a listen if you haven’t yet. Jeff is one of few people who is able to articulate the importance of #bitcoin as a protocol and its inevitably. I’d say Jeff is 5 years ahead of most guests on #btc podcasts. Read The Price of Tomorrow to understand his line of thinking. It’s one of my favorite books in the space.
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supiter 1 year ago
Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone using it as a medium of exchange. Paying taxes in #BTC, purchasing houses, cars, and any products priced over $10k makes sense first if #btc becomes legal tender. This is just a matter of time. LN will see increase in usage by 10x for coffee type of purchases. Scarcity of block space will mark fees at 100x of the current levels easily. Act accordingly and store #UTXO in 1mm stat chunks at minimum.
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supiter 1 year ago
It’s wild that you’ll catch up and surpass all your real estate wealthy friends because you have the fastest horse in the race. Even though you told them a number of times, they only allocated a tiny fraction of fiat to #bitcoin. I am the only one I know IRL that intentionally sold investment RE and used nearly all the proceeds to purchase #BTC. I know many more of you here that did the same. :)
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supiter 1 year ago
What a #bitcoin candle today! $12k move in less than 6hrs. Now, that’s a good thing - it’s a positive indicator that almost all of the leverage has been flushed. $15-$20k daily candles are coming soon. #btc is about to rip to the upside and any dips are for buying.
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supiter 1 year ago
My hunch is that Russia is buying #bitcoin. Not sure they announce or it simply leaks. This plays into the part of the bull run cycle where FUD gets political. Geopolitical, actually. Every nation will have to say something about it to address it. There will be positive takes and negative takes. I expect mostly negative takes by mostly G7 states and the EU. At that point, expect volatility in #btc.
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supiter 1 year ago
I didn’t realize @Michael Saylor had 3.7MM followers on X. That tells me a lot of people are watching but haven’t pulled the trigger. Especially big money decision makers. #bitcoin will be so obvious so quickly. Don’t be left behind and get some #BTC. You won’t regret it.
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supiter 1 year ago
Under $100k per #btc consolidation might take a while. There will be attempts to hit it. Don’t get discouraged if it takes a couple of months. #bitcoin
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supiter 1 year ago
Just used LN for instantly sending $350 of #BTC. Flawless. I remember when you couldn’t send $100 worth. No invoices, just a lightening address. As easy as email. It’s getting better by day. How much have you sent without issues?
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supiter 1 year ago
How is PayPal still not in the #bitcoin backed loans game? Figure will benefit immensely by being first.
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supiter 1 year ago
Remember that shitcoins are an attack vector on #bitcoin like anything else that’s trying to dilute its value and pretends to increase the supply of 21 million. They are parasites piggybacking on the #btc success. We must fight back as a community. Not many wars are won by being passive. Not many parasites go away on their own.
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supiter 1 year ago
All Bitcoin people are trying to exactly avoid this, while the #eth crowd, that’s more prone to gov attacks, actually invited this.
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supiter 1 year ago
Is it just me or is it the government inside the Trojans horse trying to enter the Ethereum network based on how things will play out in the future? #pos #eth #bitcoin
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supiter 1 year ago
Some simplified 4D chess here. #bitcoin #eth #etf image
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supiter 1 year ago
#GBTC is NOT experiencing pressure to lower fees. This is the only chart they care about. (See below) Fiat returns on the trust. As #bitcoin goes to $100k + they will keep milking fees for as long as they can. Even if another 250k of #BTC leaves the trust, they will still sit on a cash cow worth milking. They promise to lower fees but my guess is that they will stretch this as long as they can and eventually go to 99 basis points. Over the next couple of years, they will end up with ~100k #bitcoin, which will still be worth $10B minimum. 1% of $10B is $100M in fees yearly.
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supiter 1 year ago
How do you get a custom user@primal.net lightning address? Mine is a random one. I’d love to change it. #primal #primalapp #primal-app
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supiter 1 year ago
Here is your $10k candle! Only the wrong direction :) #BTC. High for the day is $69k and low is $59k. Volatility is back and that’s how you clime to 2-3x of the previous all time high. Not an advice but this should be good for BTC/USD exchange rate. The daily volume looks huge! #bitcoin
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supiter 1 year ago
This is what infinite buy bids look like on #BTC. Will we correct? Of course. Do I expect 30% corrections on the way up and a 60% retrace into another bear market? YES! You can’t change human psychology. The timechain captures the intricacies of human fear and greed. What’s important is that higher price floors are an undeniable pattern newbies should not ignore. This is much easier to understand once you only focus on #bitcoin as a unit of a count. #21Million